Unitus Seed Fund

Commerzpoint Networks, an Indian startup that owns healthcare marketplace Medypal, has raised around $400,000 in seed funding from Unitus Seed Fund.
With this funding, Medypal will help patients find trustworthy service providers who will bid against each other for their spend on medical procedures. Medypal will use a “reverse auction” method to ensure that the services are… Read More

Unitus Seed Fund, which invests in for-profit startups in India to help people at the bottom of the economic pyramid access basic necessities, has raised its second fund of $3.3 million. The new fund, called Unitus Seed Fund India, has been approved by India’s market watchdog SEBI to raise up to $9-12 million from local investors, making it the first such seed-stage impact fund in… Read More

Poverty is a huge problem in India. But just because there’s social good to be done doesn’t mean there isn’t money to be made. So a year after its launch, Unitus Seed Fund has raised $8 million to invest in for-profit startups that help people in India at the bottom of the economic pyramid. 500 Startups, Vinod Khosla, and other angels contributed to the fund that is… Read More